30-year established electrical wholesaler for sale
This is an excellent opportunity for a younger buyer to step in and continue to grow this business although it is already very successful and profitable.
The owner is willing to do extensive Handover and training and provide guidance in terms of growth avenues.
Situated in Kensington, our premises are 1200 square meters.
Suppliers of Domestic and Electrical Equipment, Power Tools, Pool Equipment and other various Hardware Supplies, our stock holdings at present are R1,8m.
We can therefore offer our customers a 1-hour delivery period for breakdowns and should we, however, not have a particular item in stock, a duration of up to 24 hours is allowed for delivery.
Kensington Electrical prides itself in delivering with utmost respect, punctuation, Gratitude and quality.
We do offer a 24-hour breakdown service.
All our equipment is compliant with the Bureau of Standards.
We offer Accounts on 30 days less 2.5% discount.
Quality Assurance is taken seriously as Mr Moosa visits the premises of our suppliers to ensure that products are manufactured to the best of standards and specifications.
Our suppliers are contractually bound to allow access to their production areas for quality audits to take place.
All our goods supplied to our clients are guaranteed for 12 months; Faulty items will be sent back to the supplier for testing and then replaced.
• Free delivery
• Open 6 days a week
• Average EBITDA for last 3 years = R 3,475,062
• Multiplied by P/E of 2 = R 6,9 Million Plus stock of R1,2 Million.
• Equals to a Real Value of R 8.1 million
• Business selling for 1/2 price- R4.5 million plus stock R1,2M.
• Property selling at a reduced at R5.5 million
• For a quick cash sale Total R 10 Million.